Q4 2025 ITD Cementation India Ltd Earnings Call Transcript
Key Points
- ITD Cementation India Ltd (BOM:509496) reported a 10% year-on-year growth in total income for Q4 FY '25, reaching INR2,480 crores.
- The company achieved an 18% year-on-year growth in total income for the full fiscal year, amounting to INR9,097 crores.
- Profit after tax increased by 30% from INR274 crores last year to INR373 crores for FY '25.
- The company's balance sheet is significantly deleveraged with a net debt to equity ratio of 0.31 times.
- ITD Cementation India Ltd secured new orders worth about INR7,100 crores during the year, with an order book of INR18,300 crores as of March '25.
- The company faced execution delays in Bangladesh due to political issues, impacting project timelines.
- Order book guidance has been reduced by approximately 25% compared to previous expectations.
- The company needs to enhance its capability in terms of labor resources, which remains a challenge.
- There is uncertainty in achieving the targeted order inflow of INR15,000 crores to INR16,000 crores for FY '26.
- The company faces competition and challenges in expanding into new segments such as data centers and larger airport projects.
Ladies and gentlemen, good day, and welcome to ITD Cementation India Limited Q4 and FY '25 earnings conference call hosted by ICICI Securities Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Mohit Kumar from ICICI Securities. Thank you, and over to you, sir.
Thank you, Steve. Good afternoon. On behalf of ICICI Securities, I welcome you all to the Q4 FY '25 earnings call of ITD Cementation India Limited. Today, we have with us from the management, Mr. Jayanta Basu, Managing Director; Mr.Prasad Patwardhan, the CFO; Mr. Rahul Agarwal, Lead Investor Relations. We will begin with the opening remarks from the management, followed by the Q&A. Thank you, and over to you, sir.
Good afternoon, everyone, and thank you for joining us on this Q4 FY '25 earnings con call. Before we go further, I would
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